According to the news from the Wisdom Finance app, Comtec Solar (00712) once fell by more than 37%, reaching a historical low of HKD 0.081. As of press time, it had fallen 31.82% to HKD 0.09, with a turnover of 0.6829 million HKD.

In terms of news, Comtec Solar announced that it has received two letters from the Bankruptcy Administration on July 10, stating that it has filed a petition for liquidation against the company in accordance with Hong Kong laws to the High Court. The hearing is scheduled for July 24.

The company believes that the petition was filed by Putana Limited. The company has been actively communicating and negotiating a settlement with the other party. As an investor introduced by the company is willing to provide further financial support for reconciliation, the company is confident that it can reach a settlement with Putana.